Zip 49635 (Frankfort, MI) Cost of Living


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Frankfort cost of living score
89.2
Less expensive
10.8% lower
than the US average
2.5% lower
than the Michigan average
Frankfort (zip 49635), Michigan gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 2.5% higher than the average for Michigan.

Zip 49635 (Frankfort, MI)

Housing costs in Frankfort?
A typical home costs $417,600, which is 23.5% more expensive than the national average of $338,100 and 90.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Frankfort costs $1,040 per month, which is 5.5% cheaper than the national average of $1,100 and close to the state average of $1,040.

Can I afford Frankfort?
To live comfortably in Frankfort (zip 49635), Michigan, a minimum annual income of $79,920 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Frankfort?
49635 Frankfort, MI is an affordable place to live. The median home cost in the area is $167,400 which is lower than the national average. Additionally, the overall cost of living is 11% below the national average, making it a great place to start a budget-friendly lifestyle. Utilities such as electricity and water are also reasonably priced compared to other areas. All these factors make 49635 Frankfort, MI a great choice for those looking for an affordable place to call home.
   Cost of living score
     CategoriesFrankfortMichiganUnited States
  89.291.5100.0
  97.193.4100
  84.384.8100.0
  96.371.2100.0
  $417,600$218,700$338,100
  91.1%100.1%100.0%
  92.2115.1100.0
  103.595.9100.0

   100=National Average

   Average Rent by Bedroom Size
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